The U.S. economy will remain weak in 2011 as companies limit hiring and consumers restrict spending, according to a survey of economists.
GDP will grow by 2.6% in 2011 after increasing by 2.7% this year, according to the median forecast of 51 economi…
Investors may be most thankful that this is a quick week. The market is closed for Thanksgiving and will log just a half-day on Black Friday, but from today through Wednesday, traders will face a heavy slate of economic data an…
Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.
Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.
The banks are saddled …
When the economic gurus at the Fed move the levers of U.S. monetary policy, they do so with two often-conflicting goals in mind: promoting maximum employment and keeping prices stable. Many critics are now arguing that that Fed…
Stocks closed slightly higher Friday after fluctuating most of the session as some better-than-expected quarterly earnings helped offset anxiety over China’s move to curb inflation.
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